City Dubai Financial News

03.04 / 15:09

Binance Digital regulation CEO coinbase BitMEX New Report: U.S. Crypto Crackdown Boosts Hong Kong's Ambitions in Digital Asset Market – Best Crypto Destination?

The ongoing regulatory crackdown on crypto in the US could boost Hong Kong in its bid to become a new hub for the crypto industry.

31.03 / 08:55

Blockchain Provident Digital Cooper Maxim Platform Software 99Starz Launches Innovative Platform to Empower Gamers, Guilds and Investors in the Web3 Industry

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

30.03 / 11:43

Blockchain Luna Terraform Labs Co-Founder Do Kwon Appeals Extended Detention

Do Kwon, the co-founder of Terraform Labs, was recently arrested at Podgorica airport in Montenegro for attempting to fly to Dubai using fake documents. Following his arrest, the Montenegrin court approved a 30-day extension to Kwon's detention period, which is longer than the usual 72-hour period allotted by authorities.

30.03 / 06:53

business Blockchain Adoption Trading Altcoin expansion Australian OKX plans Australian expansion, citing ‘huge appetite’ for crypto

Seychelles-based crypto exchange OKX has signaled its intention to expand its crypto services to Australia, a country it believes is primed to take on the next wave of crypto adoption.

27.03 / 06:11

Blockchain UPS Digital Platform Action EOS EOS (EOS) and The Sandbox (SAND) See Renewed Price Action, Here's Why Orbeon Protocol (ORBN) Is Set For Further Gains

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26.03 / 10:39

business regulation Court LUNC Terraform Labs Terra Do Kwon to reportedly appeal against court’s decision to extend detention

Following his arrest in Montenegro while attempting to fly using fake documents, Terraform Labs co-founder Do Kwon will reportedly appeal the court’s decision to extend detention time for up to 30 days.

24.03 / 16:07

Provident Luna fugitive Crypto fugitive Do Kwon faces US charges after arrest in Montenegro

Kwon was arrested by Interpol at Podgorica airport on Thursday, after providing falsified documents from Costa Rica while attempting to board a flight to Dubai.

24.03 / 06:19

business regulation Marketplace Court Bankruptcy hedge fund 3AC co-founder can answer subpoena or 'take his chances' — US judge

Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital, has been ordered to answer the subpoena issued to him in January or risk being held in contempt of court.

23.03 / 19:19

event Blockchain Adoption NFT Web3 Users experience cutting-edge Web3 technologies at Dubai event

The crypto-friendly regulations have turned Dubai and the United Arab Emirates (UAE) into a hotspot for Web3 technologies. Since Dubai set a clear regulatory framework for crypto welcomed by most industry players, it has become a second home for many global Web3 projects, including those dealing in the decentralized finance (DeFi) and NFT scenes.

22.03 / 22:05

NFT Silicon Valley SVB collapse chilled NFT trading volumes: Nifty Newsletter, March 15–21

The recent collapse of the Silicon Valley Bank (SVB) resulted in dwindling numbers for NFT trading volumes, with traders holding on to their assets amid the banking crisis in the United States.

22.03 / 19:05

UPS Action scam OneCoin Shell Department US Department of Justice: Bulgarian Woman Faces Charges in Multi-Billion-Dollar "OneCoin" Crypto Scam

A Bulgarian woman has been extradited to the United States for her involvement in the notorious crypto scheme OneCoin.

22.03 / 17:37

Blockchain Provident Platform place 11th Global Blockchain Congress by Agora Group Took Place on March 6th & 7th at Sofitel Dubai The Obelisk

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

20.03 / 15:37

Blockchain regulation Assets Crypto.com gets MVP preparatory license from Dubai regulator

Crypto.com announced it has obtained a minimal viable product (MVP) preparatory license from Dubai’s Virtual Asset Regulatory Authority (VARA).

20.03 / 13:41

Adoption More Than 80 Firms Express Interest in Establishing Presence in Hong Kong – Next Crypto Hub?

Hong Kong has seen massive interest from virtual asset-related firms as the city pushes toward reclaiming its position as a global crypto hub with a more friendly regulatory stance.

17.03 / 14:25

Blockchain Adoption NFT Web3 Dubai to Abu Dhabi: How NFTs are used in the UAE

As the United Arab Emirates (UAE) continues to provide a welcoming regulatory framework for blockchain-based technologies, nonfungible tokens (NFTs) continue to prosper within the region and are being used by projects in various ways.

15.03 / 17:59

business Adoption NFT retail First NFT real-world stores are setting a phygital trend

Located in Dubai, the business and crypto center of the Middle East and North Africa region, Fastex’s ftNFT shop became the world’s first physical NFT store, offering a seamless interaction between the real world and the digital universe. In a short time, it garnered wide acclaim for its unique concept, friendly staff and exceptional customer service.

14.03 / 10:41

Blockchain COST Provident CEO Platform TMRW Conference Announces Dates and Location for its Second Belgrade Edition

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

14.03 / 03:53

business Blockchain Stablecoin SEC Fraud FBI FBI, NY authorities probes collapse of TerraUSD stablecoin: Report

The United States Justice Department is reportedly investigating the collapse of the TerraClassicUSD (USTC) stablecoin which contributed to a $40 billion wipe out in the Terra ecosystem last May.

07.03 / 22:53

markets Binance Tether Bitcoin Bitcoin Price Key Bitcoin price metrics point to BTC downside below $22.5K

Bitcoin (BTC) faced a 1-hour $1,420 pullback on March 3 following Silvergate Bank's 57.7% stock crash which was due to significant losses and "suboptimal capitalization." The U.S. fintech-friendly bank was a key financial infrastructure provider for exchanges, institutional investors and mining companies and some investors are worried that its potential demise could have wide-ranging negative impacts on the crypto sector.

07.03 / 16:00

Binance Digital CEO Assurant Bybit suspends USD bank transfers amid service outages

Bybit, a Dubai-based cryptocurrency exchange, has announced that it is temporarily suspending United States dollar (USD) deposits via bank transfers in response to «service outages from a partner.» According to a blog post from March 4, USD deposits via wire transfer are no longer available, but users can still make USD deposits through the Advcash Wallet or with a credit card. Withdrawals through the Advcash Wallet are scheduled to be available soon, according to the exchange.

06.03 / 14:51

Ethereum Adoption credit cards Bitcoin Debit Cards Bybit introduces Mastercard-powered debit card days after halting USD transfers

Bybit is set to launch a new debit card offering that will allow users to make payments and withdraw cash using cryptocurrency holdings.

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